Word forms: (regular plural) unit trusts
nounRelated wordsOther types of investment fund include an ETF, or exchange traded fund, that trades like stock on an exchange, a hedge fund, that invests large amounts of money using methods that involve a lot of risk, and a pension fund for retirement plans. (Finance: Investment) A unit trust is an investment fund that sells shares of a fixed portfolio of securities. ⇒ The return on investment of unit holders is usually in the form of income distribution and capital appreciation, derived from the pool of assets supporting the unit trust fund. ⇒ A unit trust is a collective investment plan that pools the savings of a large number of investors. ⇒ A unit trust is an investment fund that sells shares of a fixed portfolio of securities.
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